BUKIT TAMBUN

Seberang Perai, Penang

16
Properties within neighbourhood
0
Convenience Store
0
Shopping Malls
5
Supermarkets & Markets
0
Public Transport
4
Educations
4
Places of Worship
2
Medicals
0
Banks
0
Petrol Station

low

Crime Level

North South Expressway

Highways

Eco Meadows, Vortex Business Park, Vortex Business Park, Eco Meadows

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About This Map

Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Bukit Tambun *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Bukit Tambun is a town located in the district of Simpang Ampat, which is in turn located in Seberang Perai. Situated in the northern state of Penang, Bukit Tambun is located on the mainland. Bukit Tambun is an established town, which is; and always was; a fishing village.

Bukit Tambun is your typical fishing village type of town, where the olden days kind of wooden homes can still be found. It its a town that is served by only one road, Jalan Bukit Tambun. As the main trunk road of the town, Jalan Bukit Tambun enjoys direct access to Jalan Butterworth, Jalan Permatang Tinggi and the North-South Highway.

While it is a small and quiet town, Bukit Tambun nevertheless has a steady flow of visitors who come for the fresh seafood here, as due to the town’s proximity to the sea, there is plenty of seafood on a daily basis. Aside from coming here to buy fresh seafood at a very low price, visitors also come here for the seafood restaurants.

Among some of the more popular restaurants in this town is the Gee Seng Restaurant, which is situated close to the jetty - which used to host ferries going to Pulau Aman. There are also the local favourite restaurants Floating Seafood Paradise, the Bukit Tambun Seafood Restaurant and Ee Sheng Restaurant.

But seafood is not Bukit Tambun’s only attraction. Street art which is very popular in Malaysia’s historical cities also exist here, which the street art in Bukit Tambun depicts everything from famous celebrities to comic book characters.

While Bukit Tambun used to be a very quiet and sleepy town it is expected to gradually start developing and growing as the second Penang Bridge, which is located 10 minutes away, has been completed in the year 2013. Many major developers have been turning acquisitive eyes on the empty land close to the second Penang Bridge, as they see much potential in it.

With the second Penang Bridge, motorists are able to get to Bayan Lepas and the Penang International Airport in about half an hour, and Georgetown in about 40 minutes. As property on the mainland is still considerably more affordable than on the island, it is expected that many citizens who work on the island will begin looking to buying a home on the mainland as a more affordable alternative.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

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